Auto Warranty Companies Fight For Your Business
auto warranty - The realm of auto warranty companies is a fiercely competitive one. You can find a limited quantity of cars on the road - granted, there are many them, and all of them, at some point or still, has or experienced a warranty - but with the great number of companies fighting for your business of these drivers, this means that every car owner will be the target of some very hungry sales reps.
This is definitely a daunting position to stay in for any car owner. If you are investing in a new car from the dealership, or buying a second hand car, you will have people promoting you their warranty services.
Inside the dealership, you might run into a pushy sales person who will try everything they can to help you get to sign on to have an extended warranty whenever you create your initial purchase. There are advantages to buying during those times, including getting the costs in the warranty rolled up into the financing for the car, and understanding that your dealership will continue to be the spot to possess any repairs or replacements done. But these comforts might end up costing you hundreds or thousands of dollars over time. Sales agents make large commissions on warranties, so they're eager to get you to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you should pay more up-front with those third-party companies, as opposed to adding a tiny number in your monthly car payment bills. Nevertheless it could very well help you save money.
But simply as not every car sales person has gone out to rip you off, its not all third-party providers are good guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the terms and conditions of the warranties they offer. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to gain you as being a client, so use that in your favor. Make a price comparison, take a look at all the regards to the warranties offered, and tell the firms you consult with “hey, make me the best offer.” If they can't, someone else will.